Here’s the latest update on the very spicy beef between two massive chipmakers
chinatopwin
chinatopwin
2018-02-27 09:32:31
While the largest deal in the history of technology continues to hit a number of speed bumps,
we’re now getting into the phase of very strongly worded publicly issued statements between
the two companies as we get closer and closer to the annual meeting of stockholders in early
March.
Broadcom and Qualcomm, the former of which is trying to acquire the latter, are continuing to
Qualcomm rejected Broadcom’s $121 billion bid for the company earlier this month, and now
.
Broadcom and Qualcomm, the former of which is trying to acquire the latter, are continuing to
duke it out on their respective investor relations pages by issuing public statements to investors
over how much drama there is over the pricing of this deal. Broadcom is looking to buy
Qualcomm for $79 per share (actually down from $82, though that’s another story), making
this a massive tech deal worth more than $100 billion. And, naturally, they can’t agree — and
it is definitely the other party’s fault.
Qualcomm rejected Broadcom’s $121 billion bid for the company earlier this month, and now
appears to be trying to close its acquisition of NXP, another semiconductor company, as
quickly as possible amid all this. But that hasn’t stopped the two companies from beginning to
publicly issue strongly worded statements about just how much of an absolute buzz kill the
other company is.